Now In Its 20th Year, Envestnet's Asset Manager of the Year Awards Program Recognizes Top Performing Portfolio Managers with Standout Strategies
BERWYN, Pa., May 15, 2024 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announced the winners of its 2024 Asset Manager of the Year Awards during a ceremony at the company's annual Elevate conference. Among the distinguished winners, Causeway Capital Management earned the prestigious title of Manager of the Year for its Causeway International Value ADR Strategy.
"Congratulations to Causeway Capital Management for being named Manager of the Year, and to all our category winners for their outstanding performance and strategic flexibility over the past year amid the continuous ebb and flow of market noise," said Dana D'Auria, CFA, Co-Chief Investment Officer and Group President of Envestnet Solutions. "Beyond delivering exceptional results, this year's winners have distinguished themselves by pushing the boundaries of investment strategies. They continue to set new benchmarks for excellence and innovation—and the ultimate winners are investors and the industry."
Before selecting Causeway Capital Management as Manager of the Year, Envestnet | PMC's 28-member research and due diligence team conducted a thorough review of its peers in the international, global, and emerging markets equity space. With a focus on managers who demonstrated strong performance in the calendar year 2023, other criteria included having a high-quality investment team, a disciplined and repeatable process, a clear alpha thesis, and a sustainable competitive advantage. Additionally, long-term performance and the stability of the firm were key considerations in determining the overall Manager of the Year and category winners.
Envestnet previously announced this year's finalists earlier this month.
List of Category Winners
Fixed Income
Global, International, Emerging Market
Large Cap Equity
Liquid Alternatives
Small, SMID, Mid Cap
Specialty
Sustainable
Multi-Asset Strategist
About Envestnet
Envestnet is helping to lead the growth of wealth managers and transforming the way financial advice is delivered through its ecosystem of connected technology, advanced insights, and comprehensive solutions – backed by industry-leading service and support. Serving the wealth management industry for 25 years with more than $6 trillion in platform assets—more than 109,000 advisors, 17 of the 20 largest U.S. banks, 48 of the 50 largest wealth management and brokerage firms, more than 500 of the largest RIAs -- thousands of companies, depend on Envestnet technology and services to help drive business growth and productivity, and better outcomes for their clients. Data as of 3/31/24.
Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV). For a deeper dive into how Envestnet is shaping the future of financial advice, visit www.envestnet.com. Stay connected with us for the latest updates and insights on LinkedIn and X (@ENVintel).
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SOURCE Envestnet, Inc.